Aditya Birla Fashion and Retail Limited (ABFRL) Corporate Action
As per NSE’s circular, Aditya Birla Fashion and Retail Limited (ABFRL) has announced the demerger of the company.
In light of the above, all existing F&O contracts of ABFRL with expiry dates of 29-May, 26-Jun, and 31-Jul will now be expiring on 21-May-25. Clients will not be able to create new positions in this scrip starting 20-May-25. They will only be able to exit the position from the aforementioned date.
If you have any existing open positions in these contracts, kindly take the following steps:
- Maintain 100% of the contract value on or before 21-May-25 to avoid RMS square-off and/or margin shortfall penalty.
- Square off any existing open positions by 21-May-25 to avoid physical settlement and/or margin shortfall penalty.
The ABFRL F&O Contracts for the above expiry dates will be reintroduced for trading on 22-May-25. The list of option strikes from which specific strike prices would be made available for these contracts will be communicated via a separate circular to be issued on 21-May-25 post-market hours.